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Ferrari to stop supplying Maserati with its engines

The Ferrari Q1 earnings call was full of information, and perhaps the biggest revelation was that Ferrari is going to stop supplying engines to Maserati. CEO Louis Camilleri broke the news, and The Motley Fool posted a transcript of the whole call online. "Eventually, we will no longer supply engines to Maserati, which actually from our perspective is actually a good thing, both from a margin perspective, but also the fact that we can transfer a lot of the labor that's been focused on the engines to the car side of the business," Camilleri says. Maserati has used Ferrari engines (arguably, one of the most compelling reasons to buy a Maserati) in its vehicles since 2002, a little while after Fiat passed Maserati off to the prancing horse. The partnership continued as both Ferrari and Maserati were under the same house at FCA. Then when Ferrari was spun off from FCA in 2015, they kept the supply steady to Maserati. Those engines include a 3.8-liter twin-turbo V8, 3.0-liter twin-turbo V6 and a 4.7-liter naturally aspirated V8. Camilleri said Ferrari will officially stop in 2021 or 2022, with no intention of supplying anybody with engines beyond that. Of course, this leaves Maserati high and dry with no engines for its growing lineup. Maserati will have to reach into the FCA parts bin, find a new outside supplier or develop its own engines. Battery electric sounds out of the question. As of now, there doesn't appear to be a clear plan going forward. We've reached out to Maserati to see if they have any comment on the situation as it stands.

The Monaco Grand Prix clearly highlights Ferrari's team orders

Sebastian Vettel stretched his championship lead over Lewis Hamilton to 25 points on Sunday after becoming the first Ferrari driver since Michael Schumacher in 2001 to win Formula One's showcase Monaco Grand Prix. Teammate Kimi Raikkonen, on pole for the first time in nine years, lost out in the pitstops but secured a Ferrari one-two with Hamilton finishing seventh for Mercedes after starting 13th. The German celebrated as jubilantly as his seven times champion compatriot would have done, whooping over the radio and beaming from the podium as mechanics sang the Italian national anthem. "It's obviously a great day for the team... great to get the points, great to get the win," said Vettel. As with Schumacher in his pomp there was also a distinct whiff of 'team orders', with Raikkonen pitting first and Vettel staying out for a further five laps in a move that worked in his favor. Vettel's 45th career win was the German's third in six races but there was plenty of sympathy for Raikkonen, who last won with Lotus in 2013. The Finn looked far from happy on the podium, staring fixedly ahead and taking gulps of the Champagne as Vettel sprayed his. "It's still second place but it doesn't feel awful good," he said. "It's how it goes sometimes." "I know how it feels, it's not a good feeling," reigning champion Nico Rosberg, who retired at the end of last year after years of battling Hamilton at Mercedes, consoled him as he conducted the post-race interviews on the finish straight. Australian Daniel Ricciardo took his second successive podium with third place for Red Bull. MINIMAL OVERTAKING In a race with plenty of sunshine and minimal overtaking, late crashes ensured the safety car made its traditional Monaco appearance. While Raikkonen led for the first 34 laps, the writing was on the wall at the pitstops with a consensus emerging already before the start that Ferrari would favor the championship leader. "It was a very tense race. I knew that (staying out) was the chance to win and I was able to use that window and come out ahead. After that I was able to control the gap behind," said Vettel. What had been a processional race, with the wider new cars making overtaking more difficult, turned into sudden drama with a collision between Jenson Button's McLaren and Pascal Wehrlein's Sauber at the tunnel entrance.

Ferrari 250 California fit for Ferris may sell for millions

Planning on playing hooky for a day of adventure in, say, Chicago? You're going to need the right set of wheels. Something like the Ferrari you see here ought to do the trick. Coming up for auction at Amelia Island, this 1961 Ferrari 250 GT SWB California Spider is one of just 56 made – only 37 of which have those highly sought-after covered headlights. The short-wheelbase model followed the previous long-wheelbase version and featured a number of upgrades, including timeless coachwork by Scaglietti, a more nimble chassis, and four-wheel disc brakes. This particular example – bearing the VIN 2871 GT in classic red over black – starred alongside Sophia Loren in the film Ieri, Oggi, Domani. It was sold new in 1961 to Italian industrial designer Giangranco Frattini, who owned it for 17 years before selling it to one Terzo Dalia in 1978, who in turn sold it to its current owner in 1985. This represents the first time it's being offered for public sale. Gooding & Company anticipates it will fetch a good $16 million (give or take) when it crosses the auction block on March 11. That would, according to the records at Sports Car Market, put it right in the range of what California Spiders have been selling for in recent years – the record currently standing at $18.6 million paid for the Baillon barnfind example in Paris a year ago. If you have the means, to paraphrase our childhood hero, we highly recommend picking one up. Related Video: Gooding & Company Unveils Iconic 1961 Ferrari 250 GT SWB California Spider To Highlight Amelia Island Auction The Quintessential Ferrari 250 GT with Limited Ownership from New and Cinematic History SANTA MONICA, Calif. (February 12, 2016) – Gooding & Company, the auction house acclaimed for selling the world's most significant and valuable collector cars, is privileged to announce the addition of a 1961 Ferrari 250 GT SWB California Spider (estimate $15,000,000-$17,000,000) to be sold at the Amelia Island Auction on March 11, 2016. This highly coveted Ferrari is the 22nd SWB California Spider built and one of only 37 covered-headlight examples produced. Remarkably, it has been in the loving care of the current owner for over 30 years. "We are thrilled to present this California Spider to our clients," states David Gooding, President and Founder of Gooding & Company.